Announced Tue, 21 Apr · 17:23 IST
Postal Ballot: MD Remuneration Revision Approved (99.21% in favour)
Board & Shareholder Meetings View source PDF
CUMMINSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹5116.70
prior close
₹5100.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.1+0.0+0.1+1.1+2.5+1.6+2.6+3.2+3.3+5.2+4.6+12.7+9.3
Up moveDown movePending
AI summary
Cummins India shareholders approved via postal ballot a revision in the remuneration of Managing Director Ms. Shveta Arya (DIN: 08540723). Of 277.2M total shares, 240.37M (86.71%) were polled. 238.47M votes (99.21%) favoured the resolution; 1.9M (0.79%) voted against. Promoters voted 100% in favour. Passed as an Ordinary Resolution.
Likely market impact
Routine governance approval with overwhelming shareholder support; minimal stock price impact expected.